Knowledge Base Tag: Bidding Process
- What is the interval between pre-bid and live auction?
- Where do I make a one-time payment for bidding, and how much does it cost?
- How does the pre-bid process work?
- What does “auction pre-bid price” mean?
- What time zone are auctions held in?
- Is this a true proxy bid system, or do I need to keep pressing the bid button once the vehicle goes live?
- How do you participate in a live auction after bidding on a vehicle?
- How long will it take for my bid to be approved?
- If I bid $100 and no one else bids, do I get it for $100, or does the seller have to approve the bid?
- Why can’t I bid on some cars even though I have a deposit?
- How do I delete a bid?
- Can an auction be canceled if the final bid is low?
- If I bid and don’t win, how much money am I out?
- What is the maximum total sale price?
- How do I cancel my bids/order?
- How long does the auction last, and when will I know if I won the bid?
- Has RideSafely’s bidding concluded?
- Bidding Limit – How do I establish it?
- Can you bid below the Buy It Now price and win the auction?
- Do all cars have a hidden reserve? I could be the highest bidder and still not win.
- Why was my highest bid not approved?
- When do preliminary bids need to be submitted to participate in the auction?
- What is the process after I win the bid?
- Can I bid beyond my desired bid limit while the auction is in progress?
- When does the auction take place after preliminary bidding has closed?
- Is the preliminary bid or closed bid the final price, or is there more bidding involved?
- What does “Current Bid: Auction Preliminary Bid” mean?
- Do you send email notifications if the final bid is accepted?
- Does my prebid stay until auction time?
- How long do I have to make the final bid if I am the winning bidder?
- How can I know if I am the highest bidder?
- Can RideSafely place bids at the Dallas IAAI Auction on my behalf?
- I was the leading bidder in a live auction (indicated by “Your BID” in green), but I didn’t win. Why not?
- How soon can I bid after making a deposit?
- Does the customer or the affiliated dealer place the bid?
- What happens to the deposit if no bids are won on that day?
- How do I start getting ready to bid?
- How does RideSafely’s process work for Copart, IAA, and other auctions?